Individual risk and innovative behavior [Elektronische Ressource] : a neo-Schumpeterian agent-based analysis / by Florian Wackermann

Individual Risk and Innovative Behavior – A Neo-Schumpeterian Agent-Based Analysis by Florian Wackermann DOCTORAL DISSERTATION SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR A DOCTORAL DEGREE AT THE ECONOMICS DEPARTMENT OF THE UNIVERSITY OF AUGSBURG Primary Reviewer: Prof. em. Dr. Horst Hanusch Secondary Reviewer: Prof. Dr. Fritz Rahmeyer Chairman of the Examination Committee Prof. Dr. Bernhard Fleischmann thDate of Oral Examination: 14 July 2010 ii Table of Contents Detailed Table of Contents ............................................................................................ iv List of Figures............................................... vii List of Tables ................................................................ viii Abbreviations ................ ix 1 Introduction ............................................ 1 2 Innovation ............................................................................... 4 2.1 Definition of Innovation .................. 4 2.2 Why innovate? ................................................................................................. 6 3 Innovation and the CNSE-Approach .... 13 3.1 Measuring innovation .................................................................................... 14 3.2 The CNSE approach ...................... 16 4 How to foster innovation? .................... 21 4.1 Current approaches ....................................